Cable flirts again with the 1.6285 support area

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Forex Orders

Mike Paterson

17/12/2013 | 10:36 GMT

For the third time in 24 hours

Low 1.6287 Currently 1.6293

Cable still looks soft to me but can’t argue with the defence down here for the moment

Stops below 1.6285 should take us down to 1.6250

Offers now between 1.6310-30

GBPUSD orders 17 Dec

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